Doha, Aug 20 (V7N)- Oil shipments through the strategically important Strait of Hormuz nearly tripled during the 60-day agreement between the United States and Iran, although supplies remained far below pre-war levels.

Qatar-based Al Jazeera reported the development on Wednesday (August 19).

According to the report, around 374 million barrels of crude oil were exported from the Gulf region during the 60-day agreement, which was signed under Pakistan’s mediation on June 17. That amounts to an average of about 6.1 million barrels per day.

By comparison, the average daily export between April and the signing of the agreement was only around 2.3 million barrels.

Despite the increase, shipments remained well below the normal level. The 6.1 million barrels per day represented only about 40 percent of the roughly 15 million barrels that passed through the Strait of Hormuz daily in 2025.

Emanuele Bellostrino, head of global crude oil and geopolitical market data at international trade intelligence firm Kepler, said more than half of the total shipments during the agreement took place within its first three weeks.

He said the flow gradually declined as the agreement approached its expiration. The Washington-Tehran agreement expired on Monday without a permanent peace deal being reached.

The expiry has renewed concerns over the safety of commercial shipping through the Strait of Hormuz.

The International Association of Dry Cargo Shipowners (Intercargo) confirmed that a sailor was killed in a recent attack on the Liberian-flagged bulk carrier Minoan Dignity. The organization strongly condemned attacks targeting civilian seafarers.

According to the International Maritime Organization (IMO), at least 18 sailors have been killed in attacks on commercial vessels in the region since the conflict began in February.

Meanwhile, preliminary data from Lloyd’s List Intelligence showed that the number of vessels transiting the Strait of Hormuz fell from 91 to 73 between August 10 and 16.

Concerns over possible disruptions to global oil supplies have also pushed crude prices higher. Brent crude rose to $91.93 per barrel in the international market amid fears of a supply shortage.

END/SMA/AJ